HECM activity rises in March, but proprietary loans are taking a bite out of business
U.S. reverse mortgage endorsements rose sharply in March following subdued activity in February, but overall volume remains down compared with recent months, according to data released Wednesday by Reverse Market Insight (RMI). Home Equity Conversion Mortgage (HECM) endorsements increased 16.3% in M
Preliminary hearing reveals new details in fatal stabbing on Blue Jay Road; suspect denied bond
EFFINGHAM COUNTY, Ga. (WTOC) - A preliminary murder hearing in Effingham County Superior Court revealed new details about a stabbing that investigators say happened while a man and his employer were driving together.In court the sheriff’s office lead investigator outlined what he’s learned so far ab
FOA introduces second-lien reverse mortgage LOC in California
Finance of America (FOA) on Thursday introduced HomeSafe Second Line of Credit, a second-lien reverse mortgage line of credit now available in California that lets homeowners 55 and older tap home equity over time without refinancing or taking on a new required monthly mortgage payment. The product,
Recent Posts
